Wang Jianlin Adds to Billions in $3.7B Wanda IPO

The video discusses the upcoming IPO of a mall developer in Hong Kong, which is expected to raise $3.7 billion and significantly increase the wealth of its founder, Wan. Despite his lack of formal education and business background, Wan has become the third richest man in China, with a net worth of $15.2 billion. His diverse investments include real estate and cinema, and he is considering acquiring a stake in Lionsgate Cinema. The video also highlights the rapid growth of wealth among Chinese billionaires, with China gaining more wealth among its richest individuals than any other country in 2014.

What are some of the sectors in which the billionaire is investing?

How has the wealth of Chinese billionaires changed in 2014 compared to other countries?